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Pension administration made ... easy!

Article Abstract:

More companies are shifting from defined benefit (DB) pension plans to defined contribution (DC) pension plans because they view DBs as very difficult to administer. However, improvements in information technology, regulations and practice standards have actually simplified DB administration. Companies planning to shift to DBs should first consider if they are unintentionally making DB administration more difficult than it actually is and if DCs are actually easier to administer.

Author: Japko, Scott
Publisher: Warren, Gorham & Lamont, Inc.
Publication Name: Journal of Compensation and Benefits
Subject: Insurance
ISSN: 0893-780X
Year: 1995
Evaluation, Defined benefit plans, Defined contribution plans

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Making the most of 401(k) plans: who's choosing what and why

Article Abstract:

An overview is presented on 401(k) plans, or salary reduction savings plans, with analysis focusing on a comparison between the choices male and female employees make. Findings show that women tend to reserve a larger portion of their wages for than men do, and are 12% more likely than men to participate in a plan, at 87% and 75% respectively.

Author: Schieber, Sylvester
Publisher: Aspen Publishers, Inc.
Publication Name: Compensation & Benefits Management
Subject: Insurance
ISSN: 0748-061X
Year: 1998
United States, Retirement Benefits, Statistical Data Included, Analysis, Demographic aspects, Retirement planning, Salary reduction savings plans, 401K plans

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